Suren Parsyan | Economics | Excellence in Research Award

Assoc. Prof. Dr. Suren Parsyan | Economics | Excellence in Research Award 

Service-Based Business Management at Armenian State University of Economics | Armenia

Assoc. Prof. Dr. Suren Parsyan is a distinguished economist, legal consultant, and academic recognized for his multidisciplinary expertise spanning law, economics, public policy, and socio-economic research. With an extensive academic foundation that includes advanced studies in law, economics, political studies, and international legal training, he has established himself as a prominent scholar and practitioner contributing to Armenia’s academic, governmental, and policy landscapes. He has authored 65 scientific papers and maintains an active scholarly footprint reflected in 50 citations, an h-index of 4, and an i10-index of 2. His academic career is marked by appointments as an Associate Professor across leading institutions, where he teaches economics, law, and policy-related subjects while contributing to strategic research programs. His professional experience spans high-level advisory roles, including legal and financial consulting for private organizations, socio-economic research for respected think tanks, and leadership positions in economic policy research foundations. He has provided expert support to parliamentary committees, contributed to regulatory development in commerce and market affairs, and served in pivotal roles within educational and research organizations, demonstrating strong competence in governance, economic regulation, and institutional development. He is also known for developing the widely followed Economix program for Armenia’s leading media outlet, where he interprets complex economic issues for the public. His research interests lie in economic policy analysis, financial regulation, market dynamics, public sector development, and socio-economic reforms, with a continued commitment to advancing evidence-based policy. Throughout his career, he has actively participated in scientific programs, seminars, and international conferences, strengthening his engagement with global academic and professional communities. Fluent in multiple languages and experienced across academia, industry, and government, Assoc. Prof. Dr. Suren Parsyan stands out as a dedicated scholar whose work bridges research and practice, contributes to national policy discourse, and supports sustainable economic development.

Featured Publications:

  • Manukyan, H., & Parsyan, S. Customer Credit Worthiness in the Digital Age: A Management Approach to Machine Learning Application in Banking. Proceedings on Engineering Sciences, 6(2), 665–672, 2024.

  • Manukyan, H. H., & Parsyan, S. H. Artificial Intelligence Integration Assessment in Banks Through Financial Reporting: Case Study of Armenia. Journal of Trends and Challenges in Artificial Intelligence, 1, 33–38, 2024.

  • Parsyan, S. H., Baharyan, F. F., Mirzoyan, S. R., Gabrielyan, H. S., & Aslanyan, G. S. Export Potential of the Enterprise in the ESG Agenda. Technological Horizons of Decarbonization Based on Environmental Innovations, 2025.

  • Parsyan, S. H., Hovsepyan, M. H., Melkumyan, Z. M., Minasyan, D. G., … Startups as a Pillar of Innovation and Progress. Sustainable Development of Business 4.0: A Path of Transition to the New Economy, 2025.

  • Parsyan, S., Kalantaryan, A., Igityan, T., & Kostanyan, N. On the Performance and Challenges of the North-South Road Corridor Investment Program in the Republic of Armenia. Economics, Finance and Accounting, p. 60, 2023.

  • Parsyan, A. R., Parsyan, S., & Parsyan, Anna. The Analysis of Indicators Aimed at the Sustainable Development of Alcohol Production Using the Python Programming Language (According to RA Data).

  • Kahramanli, Y., Ibrahimov, S., Jamalova, R., Mutalipov, A., Usmanov, P., … Parsyan, S. Agricultural Sciences. Norwegian Journal of Development of the International Science, No. 123, 2023.

  • Parsyan, S. H., Grigoryan, E. A., Aslanyan, G. S., Simonyan, A. S., & Avagyan, G. A. The North–South Corridor in the South Caucasus: Armenia and the Islamic Republic of Iran. Sustainable Development of Transport: Economy, Transformation, Logistics…, 2025.

  • Grigoryan, E. A., Parsyan, S. H., Melkumyan, M. S., Baharyan, F. F., & Parsyan, A. H. The Impact of Artificial Intelligence on Human Resource Management: Theoretical and Conceptual Aspects. Management of Digital Technologies in the Innovative Economy, 333–337, 2025.

  • Parsyan, S. H., Vardanyan, K. J., Avagyan, G. A., Isayan, S. R., & Khalatyan, H. A. Application of Artificial Intelligence in Global Economic Challenges: Theory and Practice. Management of Digital Technologies in the Innovative Economy, 151–154, 2025.

  • Parsyan, K. A., Parsyan, S., Gabrielyan, H., & Tumasyan, Z., Baharyan, F. Directions for Development of the Startup Ecosystem of the Republic of Armenia. The Scientific Heritage, 139, 8–13, 2024.

  • Parsyan, S. A., Baharyan, F., Zaruhi, M., & Soghomon, M. Trends in the Development of the Startup Ecosystem in the Republic of Armenia.

  • Parsyan, A., Baharyan, F., Gabrielyan, H., Tumasyan, Z., Kalantaryan, A. Economic Sciences. Norwegian Journal of Development of the International Science, No. 126, 2024.

Lixiang Chen | Management and Accounting | Best Researcher Award

Ms. Lixiang Chen | Management and Accounting | Best Researcher Award  

Industry Innovation at Taiyuan Institute of Technology | China

Ms. Lixiang Chen is a highly accomplished academic and researcher specializing in economics and management, with a focus on trade, innovation, and defense economics. She currently serves as a Lecturer at the Taiyuan Institute of Technology, where she combines academic rigor with practical insights to contribute meaningfully to the field of management and accounting. Ms. Lixiang Chen earned her Master’s degree from the School of International Trade at Shanxi University of Finance and Economics and later completed her Ph.D. at the School of Economics, Central University of Finance and Economics, where she developed a strong foundation in economic theory, fiscal policy, and global trade systems. Throughout her career, she has demonstrated a consistent commitment to advancing research that bridges the gap between policy design and economic performance, with particular emphasis on performance budgeting, defense resource allocation, and the strategic planning of public expenditures. Her notable scholarly contributions include publications such as The Impact of Performance Budgeting on Defense Resource Allocation International Journal of Economic Behavior and Organization, PPBE: Research on Operation and Latest Development American Journal of Theoretical and Applied Business, and The Evolution and Implications of the Planning, Programming, Budgeting, and Execution System China Economist. Through these works, she has explored how structured financial frameworks can enhance the efficiency, transparency, and accountability of public sector spending, especially within defense and national strategic contexts. In addition to her research output, Ms. Lixiang Chen plays an active role in mentoring students, developing innovative curricula, and contributing to collaborative research initiatives aimed at economic modernization and sustainable fiscal governance. Her analytical precision and interdisciplinary approach make her an influential voice in economic policy and management research. With a clear vision toward enhancing the integration of theoretical economics and practical decision-making, Ms. Lixiang Chen continues to pursue impactful studies that inform national and international fiscal reforms. Her dedication to academic excellence and her contributions to policy-oriented research have established her as a respected figure in the academic community, reflecting a professional journey defined by intellectual depth, innovation, and a strong commitment to advancing knowledge in economics and management.

Profile: Orcid

Featured Publications:

Chen, L., & Wang, W. (2025). Innovation networks in the new energy vehicle industry: A dual perspective of collaboration between supply chain and executive networks. World Electric Vehicle Journal, 16(10), 575.

Chen, L. (2021). The evolution and implications of the Planning, Programming, Budgeting, and Execution system. China Economist, (12), 61–62.

Chen, L. (2021). The impact of performance budgeting on defense resource allocation. International Journal of Economic Behavior and Organization, 9(4), 151–156.

Chen, L. (2020). PPBE: Research on operation and latest development. American Journal of Theoretical and Applied Business, 6(4), 98–105.

Chen, L., & Chen, B. (2020). The U.S. Department of Defense’s “medium-term expenditure framework” and its implications. National Defense Science & Technology, 41(2), 85–90.